WKT 0.00% 12.0¢ walkabout resources ltd

Ann: Development Progress - Lindi Jumbo Mine, page-3622

  1. 15,420 Posts.
    lightbulb Created with Sketch. 6687
    Hi Sparecash,

    The material WKT is currently processing is the soft surface mineralisation, it is free digging, The fresh mineralisation requires drill and blast.

    You seem to think WKT is flushed with cash, This is just a fantasy, they have detailed they needed US$4mil as a line of credit which was expected by the end of March, Now we see a ramping investor report, that uses many of the same assumptions as the IIR report, the same graphite price and so-called free margins. Seems a little suss doesn't it?

    Knowing the only time Vested Equities has covered WKT is during a capital raising period, it does highlight the uncertainty of WKT funding. I have long held the view that WKT will need more funds. I cannot see any other option for a company that has no revenues and is yet to commence production,

    Interestingly, the coverage advises WKT will miss its forecast to produce graphite concentrate during the first QTR, Maybe you need to call them up and abuse them for making this statement, You have been abusing the nonholders for saying WKT has little chance of achieving first production in the first QTR.

    Anyway, you have been wrong with all of your assumptions, yet you continue to claim my very accurate calls are wrong.
 
watchlist Created with Sketch. Add WKT (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $80.55M
Open High Low Value Volume
12.0¢ 12.0¢ 12.0¢ $4.297K 35.81K

Buyers (Bids)

No. Vol. Price($)
8 141001 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 47460 3
View Market Depth
Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
Last
12.0¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
12.0¢ 12.0¢ 12.0¢ 5464
Last updated 13.09pm 15/05/2024 ?
WKT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.